Sainsbury's

Finance Analyst - Food Trading

Recruiter
Sainsbury's
Location
London, London, United Kingdom, United Kingdom
Salary
Competitive salary
Posted
25 May 2024
Closes
01 Jun 2024
Ref
300020940895564
Approved employers
Approved employer
Experience level
Part qualified
Job Description

This role is based out of our Holborn Store Support Centre & Home, you will be required to be in Holborn 1-2 days per week on average.

In this role you will be responsible for providing finance support to the Commercial Trading teams for the Bakery & Food to Go, Food To Eat in & Food To Order Categories within Fresh. This is a business partnering role that will support these categories in shaping and delivering the 3-year 'Next Level Sainsbury's' strategy. These trading categories are highly propositional and it's an exciting time to join the team to help achieve their strategic vision. Reporting into the Finance Manager for these categories, you'll provide insight, analysis and directly partner key stakeholders to drive business performance.

In a highly competitive industry that never stands still, there is always a lot going on and Finance has a key role to play in challenging ways of working and driving transformation. Our main focus is on forecasting and maximising sales, profit, return on investment and cash flow.

More about the role
  • Your role has a strong stakeholder management element, and you will support the buyers and other relevant stakeholders within your category. You'll also produce a variety of analysis to support decision making, both backwards looking and forward-looking performance. This commercial role works with both Finance and Non-Finance, so you'll need the ability to be able to engage and communicate with different sets of stakeholders.
  • As a business partner to the Commercial Trading teams, you will support on any finance led deliverables such as Forecasting, Latest view reviews and Budgeting, ensuring that the commercial stakeholders are providing robust submissions and that you are able to challenge, understand & articulate accordingly.
  • Looking at trends and being able to identify any risks and opportunities and to flag these to the Finance Manager and business partners for onward action.
  • Supporting on Propositional work such as owning, maintaining, and reviewing Net contribution (End-to-End) P&L models that aid the Commercial teams to make sound business decisions. In addition, you'll support the Concessions propositions (E.g. Krispy Kreme, Costa Coffee, Hana group).
  • Completing ad hoc analysis for the commercial teams as required, examples of this include understanding the success of promotional strategies; trials; seasonal activity or events; product/buyer profitability.
  • Supporting & challenging on any Investment decisions around Business cases and post-investment appraisals, helping to carve out valuable insights whilst also making sure we protect the business through robust and accurate financial assumptions. Improving our returns on investment is a key focus for Sainsburys so being the finance steward to the commercial trading teams here is a vitally important role.
  • Finding ways to simplify processes and improve on these so that they are best in class.
  • Where applicable, deputising for the Finance Manager to provide support to the Bakery & Food To Go, Food to Eat In and Food To Order leadership teams and any reporting requirements.
More about you
  • Part Qualified / Qualified accountant -CIMA/ACCA/ACA (desirable, but not essential).
  • Strong Excel and numerical skills, with an aptitude for turning data into analysis and insight
  • Ability to communicate effectively with senior stakeholders, both verbally and written.
  • Self-motivated and able to manage own time.
  • Strong commercial acumen, with a focus on driving excellent financial and commercial performance.
  • Ability to prioritise and respond accurately under pressure.
  • Ability to articulate finance for non-finance.
  • Good networking and partnering skills, being able to work collaboratively and build trusted relationships.
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Responsibilities

We'd all like amazing work to do, and real work-life balance. That's waiting for you at Sainsbury's. For a FTSE business, we move incredibly fast. When we're not handling projects, we're helping all corners of the wider group with what they're trying to achieve. And around here, you can see the results of your work as soon as you walk into a store, which gives you a real sense of purpose and responsibility. Better still, the team around you will listen to your ideas and opinions, and you'll have every chance to try something new. The sheer scale and complexity of our set-up means there's always something else around the corner, and we'll help and support you every step of the way. We're trusted to get on with it. So get ready to make things happen here.

Qualifications

We are committed to being a truly inclusive retailer, so you'll be welcomed whoever you are and wherever you work. Around here, there's always the chance to try something new - whether that's as part of an evolving team or somewhere else across the business - and we take development seriously and promise to support you. We also recognise and celebrate colleagues when they go the extra mile and, where possible, offer flexible working. When you join our team, we'll also offer you an amazing range of benefits. Here are some of them:

Starting off with colleague discount, you'll be able to get 10% off at Sainsbury's, Argos, TU and Habitat after 4 weeks. This increases to 15% off at Sainsbury's every Friday and Saturday and 15% off at Argos every pay day. We've also got you covered for your future with our pensions scheme and life cover. You'll also be able to share in our success as you may be eligible for a performance-related bonus of up to 10% of salary, depending on how we perform.

Your wellbeing is important to us too. You'll receive an annual holiday allowance, and you can buy additional holiday. We also offer other benefits that will help your money go further such as season ticket loans, cycle to work scheme, health cash plans, pay advance (where you can access some of your pay before pay day) as well access to a great range of discounts from hundreds of other retailers. And if you ever need it there is also an employee assistance programme.

Moments that matter are as important to us as they are to you which is why we give up to 26 weeks' pay for maternity or adoption leave and up to 4 weeks' pay for paternity leave.

Please see www.sainsburys.jobs for a range of our benefits (note, length of service and eligibility criteria may apply).

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